Financial technology leader FIS (NYSE:FIS) and The Venture Center have unveiled the 10 firms chosen to participate in the 2021 FIS Fintech Accelerator program.
As mentioned in an update shared with CI:
“In its sixth year, the FIS Fintech Accelerator program is focused on identifying and fostering startup financial technology firms with promising, high-potential technologies that advance the way the world pays, banks and invests. The 2021 program received applications from fintech companies in the U.S. and 29 other countries.”
The ten selected Fintechs and their focus areas are as follows:
- Array – Credit monitoring
- AtomicFI – Authentication / direct deposit
- Bankifi – Banking-as-a-service
- BankLabs – Lending
- Informed.IQ – Automation
- Long Game – Financial wellness
- OakNorth – Lending
- Railz – Banking-as-a-service
- TaxStatus – Authentication / lending
- Vymo – Customer relationship management
The general public has been invited to learn more about these Fintech firms at the FIS Fintech Accelerator Virtual Kickoff – which will reportedly be held on June 9, 2021 “at 11 a.m. CST.”
As noted in the announcement, around 30% of this year’s cohort features solutions developed by women founders. The 2021 program will be conducted virtually. The 12-week accelerator program “begins on June 7 and is preceded by a four-week program to prepare company founders to work with FIS and its clients.”
Wayne Miller, Executive Director, The Venture Center, stated:
“FIS continues to lead the world of innovation through programs including the FIS Fintech Accelerator, in partnership with The Venture Center. This program has grown immensely in both scope and stature over the past six years, and we are proud to play a pivotal role ushering in a new era of technology alongside the most talented founders in the world.”
The 2021 program will be ending with a Demo Day that will be held on August 26, 2021. This should allow industry leaders from each of the participating companies to showcase their “refined solutions to hundreds of leading financial institutions, potential investors and industry participants.”
As previously reported, FIS is an established provider of technology solutions for merchants, banks and capital markets firms internationally.
The company’s workers are focused on “advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights.”
FIS’ management notes that they assist their customers with leveraging the latest technology “in innovative ways to solve business-critical challenges and deliver superior experiences for their customers.”
Based in Jacksonville, Florida, FIS is a Fortune 500 company and is “a member of Standard & Poor’s 500 Index.”